Facebook Libra’s Stark Reminder: Mass Regulation Before Mass Bitcoin Adoption33.6

By CCN Markets: As expected, the US government has an interest in Facebook’s Libra project. The biggest regulatory organization in the world is sure to take notice when the world’s largest social network moves into the world of banking and personal finance. Suddenly, Blockchain is Legitimate Facebook’s aims are from limited to the US, however, and their cryptocurrency will be backed by a “basket” of assets including the dollar. In effect, during times of turmoil, the Libra could be one of the stable-r currencies for the everyday person to use. As some in the industry have pointed out, the hype

The post Facebook Libra’s Stark Reminder: Mass Regulation Before Mass Bitcoin Adoption appeared first on CCN Markets

Original source
https://www.ccn.com/crypto/facebook-libra-stark-reminder-regulation-before-mass-bitcoin-adoption/2019/06/20/

Add comment

Please Sign in to be able to leave comments.